View Poll Results: Are you in debt because of the mods you've bought for your Max?
No, mods paid for with cash not credit
31
49.21%
I've put large mods on credit but had them paid off within 3 months
11
17.46%
I've put mods on credit and have been/will be paying for them for more than 3 months.
14
22.22%
Putting mods on credit was the worst idea I ever had
7
11.11%
Voters: 63. You may not vote on this poll
How many of you have gone into DEBT modding your Max?
04-12-2003, 11:45 AM
#1
How many of you have gone into DEBT modding your Max?
Just curious who all's gone into debt to buy mods for their Max. Credit cards or personal loans that are carrying balances from month to month because of the things you've bought for your max. I'm talking about parts/labor that you've been paying off or will be paying off for more than 3 months here. I work for a credit card issuer so I was just curious.
04-12-2003, 11:53 AM
#2
Re: How many of you have gone into DEBT modding your Max?
stuff that I can buy for my car in person is always done in cash or money order ... and somethings are purchased with my CC but it always gets paid in full on time 
.. i've never been $.01 in debt
.. i've never been $.01 in debt
04-12-2003, 12:02 PM
#3
Stuff that I can get cheap through my sponsor like fog lights, strobes, bulbs, small accessories like that can be paid in cash.
When I see a good deal and don't have the cash, I use credit anticipating that I'll be able to pay it off at least within 2 months (or the next 3 or 4 paychecks).
But, thanks to some of the more expensive mods... I'd say i'm pretty deep in debt, but decided to get a small lower percentage student loan to pay it off.. to avoid the finance charges.
My credit card has since been destroyed, but I have a near 700 FICA rating so it can't be that bad, right?
04-12-2003, 12:45 PM
#7
Originally posted by Romeo
paid in cash for every single mod i've ever done accept rims. those were financed for 3 months no interest.
paid in cash for every single mod i've ever done accept rims. those were financed for 3 months no interest.
04-12-2003, 01:46 PM
#13
Handsome
Join Date: Sep 2002
Posts: 2,074
You should also tack on (edit) if they live with their parents but maybe thats a new thread, I could afford a supercharger, turbo, throw them away get a bigger turbo then nitrous, and a bike if I didn't have to pay rent and buy food.
I pay in cash though to answer your question, I have always wondered if some of the people with the nicest cars are also the ones who don't have expenses?
I pay in cash though to answer your question, I have always wondered if some of the people with the nicest cars are also the ones who don't have expenses?
04-12-2003, 02:39 PM
#15
Originally posted by carnal_c30
no debt for me
no debt for me
I've charged my exhaust, intake, tires, and HIDs.
I'm good with managing my money though.
I also pay $340.25/month for car payments!
I just don't have the $$ to go out drinkin and stuff as much as I'd like to.
04-12-2003, 02:48 PM
#17
Originally posted by SprintMax
I gave up credit cards when i was 19 so right now i am in the same boat as you.. cash cash cash cash
I gave up credit cards when i was 19 so right now i am in the same boat as you.. cash cash cash cash
I still have the card and use it for **** like gas and anything thats gonna rack up over $500 just incase I have to disbute it, but I allways have cash on hand even if I do purchase by CC I pay it off the next time the bill shows up. Just a bit safer in my opinion.
04-12-2003, 03:02 PM
#18
Originally posted by HitManSE
and anything thats gonna rack up over $500 just incase I have to disbute it, but I allways have cash on hand
and anything thats gonna rack up over $500 just incase I have to disbute it, but I allways have cash on hand
04-12-2003, 03:26 PM
#19
Originally posted by hlh0501
bank checkcards are wonderful. you have to have the cash in your account to use it so you avoid debt, but yet it is "mastercard" so you can use it anywhere, and dispute charges! I agree on the safety of cards for large purchase disputing sake
bank checkcards are wonderful. you have to have the cash in your account to use it so you avoid debt, but yet it is "mastercard" so you can use it anywhere, and dispute charges! I agree on the safety of cards for large purchase disputing sake
) I have an account which I just throw in extra cash and use that for my car payment and to pay off a larger CC bill. I never see the money I throw into that account becasue the last check of everymonth goes into it because I dont really need it. So the car payments and CC payments dont really bother me because its like the cash was never there to begin with. I do have a Debit card but I dont even know my pin becasue ive never used it. I either pay cash for small items or I just play it safe and charge it. I refuse to ever go into debt, im nowere even close to it and nor will I ever be. Just thinking about being $20-30K under makes me sick, you basically work just to pay bills at that point and get absolutly nowere.
04-12-2003, 03:30 PM
#20
Senior Member
Join Date: Mar 2001
Posts: 637
Not in debt yet. Although my max is taking the back seat this year too. Graduation in May, and trying to save up to move to Cali. Anyone know of any job openings for a marketing/finance major in northern cali?
The only thing I'll be doing to my car this year is washing and waxing.
The only thing I'll be doing to my car this year is washing and waxing.
04-12-2003, 03:44 PM
#22
Not DAVEB the parts guy
Join Date: Aug 2000
Posts: 8,555
I buy EVERYTHING with a CC except my lunch. However, I pay everything off when the bill comes. I modify as I please since my wife and I don't have car payments. The only thing holding me back from getting a turbo/SC for my Maxima is reliability concerns. I'm not willing to risk my daily reliability. The little headaches here and there of turboing/SCing a car that wasn't made for it is just something I can't stand. I guess that's why I'm considering a new 2004 WRX as my next ride.
Dave
Dave
04-12-2003, 05:33 PM
#23
Supporting Maxima.org Member
iTrader: (38)
Join Date: Dec 2000
Location: Near Archer High School, Ga
Posts: 6,451
Originally posted by SprintMax
nope
matter of fact.. the max just took a back seat on this years budget and i am dropping $8000 in the max this year 
nope
matter of fact.. the max just took a back seat on this years budget
and i am dropping $8000 in the max this year
8K wooooh thats alot. I pay for my mods CC not unless I have money oh hand. In any case labor I dont pay for unless it is something out of my control electrical crap that I am not good at. 5K in debt as of right now but going down in the next 8months.
04-12-2003, 09:58 PM
#26
ever since my dam 5 speed conversion in july i have been in debt, right now i owe a little over 3 grand, not mainly due to mods but car was stolen and had to pay for fixings, new head unit, blah, dam the maxima. I'm trying so hard to stop buying but there's always a good deal out there and these stupid people on maxima.org are not cutting me any slack 
04-12-2003, 10:03 PM
#27
Originally posted by meccanoble
ever since my dam 5 speed conversion in july i have been in debt, right now i owe a little over 3 grand, not mainly due to mods but car was stolen and had to pay for fixings, new head unit, blah, dam the maxima. I'm trying so hard to stop buying but there's always a good deal out there and these stupid people on maxima.org are not cutting me any slack
ever since my dam 5 speed conversion in july i have been in debt, right now i owe a little over 3 grand, not mainly due to mods but car was stolen and had to pay for fixings, new head unit, blah, dam the maxima. I'm trying so hard to stop buying but there's always a good deal out there and these stupid people on maxima.org are not cutting me any slack
04-13-2003, 12:00 AM
#29
Guest
Posts: n/a
I am in the hole big time!
I had $2500 to do the 5 Speed Swap, spent that. Then the trans went out, so I had to borrow $1500 from my boss to pay for it, so now I owe him $1500. I still owe $320 for shipping on a engine I bought. All my cards were maxed out, but I have been paying them down, but it takes forever when your interest is 29.99% Bottom line, I am screwed, no more mods for a while, I am in the hole $5k+
I had $2500 to do the 5 Speed Swap, spent that. Then the trans went out, so I had to borrow $1500 from my boss to pay for it, so now I owe him $1500. I still owe $320 for shipping on a engine I bought. All my cards were maxed out, but I have been paying them down, but it takes forever when your interest is 29.99%
Bottom line, I am screwed, no more mods for a while, I am in the hole $5k+
04-13-2003, 12:33 AM
#30
Donating Maxima.org Member
Join Date: Jun 2002
Posts: 450
Originally posted by dmontzsta
I am in the hole big time!
I had $2500 to do the 5 Speed Swap, spent that. Then the trans went out, so I had to borrow $1500 from my boss to pay for it, so now I owe him $1500. I still owe $320 for shipping on a engine I bought. All my cards were maxed out, but I have been paying them down, but it takes forever when your interest is 29.99% Bottom line, I am screwed, no more mods for a while, I am in the hole $5k+
I am in the hole big time!
I had $2500 to do the 5 Speed Swap, spent that. Then the trans went out, so I had to borrow $1500 from my boss to pay for it, so now I owe him $1500. I still owe $320 for shipping on a engine I bought. All my cards were maxed out, but I have been paying them down, but it takes forever when your interest is 29.99%
Bottom line, I am screwed, no more mods for a while, I am in the hole $5k+
you are f*cked!
04-13-2003, 08:19 AM
#31
Senior Member
Join Date: Nov 2000
Posts: 3,883
Re: Re: How many of you have gone into DEBT modding your Max?
Originally posted by Conrad283
stuff that I can buy for my car in person is always done in cash or money order ... and somethings are purchased with my CC but it always gets paid in full on time .. i've never been $.01 in debt
stuff that I can buy for my car in person is always done in cash or money order ... and somethings are purchased with my CC but it always gets paid in full on time
.. i've never been $.01 in debt
Take a house for example, most home improvement projects do not allow the homeowner to sell the house for more (although Long Island is an exception, where housing prices are just a ridiculous joke as is the appreciation over the last 2 years--don't we all wish we owned something there?). The BIG exception is kitchen remodeling, where you can usually get what you put in back and sometimes then some. Point is one spends the money to enjoy, like finished basement or deck. Same with the car mods, they are strictly for enjoyment only.
04-13-2003, 03:52 PM
#36
Senior Member
Join Date: Jan 2003
Posts: 902
are you including the car itself for debt? if thats the case, than im about $14,000 in debt, otherwise nothing for the car, but $1000 on Best Buy, $600 on my MC, paid everything else off. Although you all are making it seem like going into debt is a bad thing. debt makes our economy grow. I think Ill always have some sort of debt.
Thread
Thread Starter
Forum
Replies
Last Post
ballerchris510
4th Generation Maxima (1995-1999)
17
09-23-2015 08:46 PM
imported_Nismo_max
4th Generation Maxima (1995-1999)
2
09-21-2015 07:24 PM
zzznightmarezz
Maximas for Sale / Wanted
0
09-21-2015 06:32 PM